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QUESTION 40 A homeowner refuses to pay a plumber for services rendered. If the plumber files a mechanic lien the debt is collateralized by:
QUESTION 40 A homeowner refuses to pay a plumber for services rendered. If the plumber files a mechanic lien the debt is collateralized by: a. the contract b. household furnishings Oc the real estate to which the repair was made Od.none of he above secures the debt QUESTION 41 Robert borrows $45,000 from X bank. Jim, John and Keith agree to be co-sureties. The maximum liability for each of them is $9,000 for Jim, $13,500 for John, $22,500 for Keith. With $30,000 left to pay on the loan Robert defaults. If Keith pays $22,500 and Robert pays $7,500 how much can Keith get back from Jim and John? Oa. $9,000 from Jim and $13,500 from John b. $6,750 from jim and $10,125 from John c. $4,500 from Jim and $6,750 from John 1 points 1 points
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